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Didi significantly reduced subsidies after Uber left the market - in Shenzhen at least this means prices aren't any better than taxis. It's usually faster to ge
by larrysalibra 8y ago
Didi significantly reduced subsidies after Uber left the market - in Shenzhen at least this means prices aren't any better than taxis. It's usually faster to get a taxi in most places and times of the day than waiting the 3-5 minutes for your Didi to arrive. Back when it was a lot cheaper to Didi, people would wait a couple minutes to save 50%, but if the price is the same, they take what's faster.
On top of this there's additional competition from the huge numbers of people using bike sharing like Mobike or Ofo - which not only taking a bike much cheaper, but it's often faster because you avoid traffic jams.
Amazing how much the market has changed in such a short time.
- vm 8y agoThanks for sharing. Important context regarding Uber’s pivot into all forms of transit (bike, scooter, public transit). They must see the same writing on the wall.
- trimbo 8y ago> Important context regarding Uber’s pivot into all forms of transit And self-driving cars, flying cars, delivering food, freight, a credit card. Probably more I can't think of.
- baby 8y agoTbf in the US it's like every single company has a credit card they want to sell you.
- stephengillie 8y agoToyota has committed $500B to a partnership with Uber on self driving cars. https://news.ycombinator.com/item?id=17853248 https://news.ycombinator.com/item?id=17853248
- trimbo 8y agoI think you mean $500M
- rak111esh 8y agoAnd here I am just waited 25 minutes to get my uber home from work. Normally it takes 15 minutes, today 2 drivers cancelled.
- mkolodny 8y agoWhat city/town are you in? In SF I usually get UberX's in < 3 minutes, and pools in ~5 minutes.
- mabbo 8y agoI'm surprised that with Uber leaving the market, Didi didn't get better at response times. Surely all those Uber drivers would have switched to Didi, increasing the number of drivers. And with prices rising, drivers would get paid more money.
- jedberg 8y agoThey were probably already driving for Uber too, just like most people in SF drive both Uber and Lyft.
- half0wl 8y agoSlightly related - it's the same situation in Singapore when GrabTaxi "merged" with Uber. After Uber pulled out, Grab stopped handing out promotion codes that would save you anywhere from $2-5 bucks per trip (or occasionally more), and they slashed the rate you earn reward points for every dollar spent by ~13-16 times. Grab became the market, quite literally. It's such a drastic change in just a matter of weeks, and what makes it worse is that there is practically no competition in the ride-hailing scene over here (for now, at least, and hopefully).
- toomuchtodo 8y agoAre there no taxis in Singapore?
- half0wl 8y agoI was referring to ride-hailing _apps_ specifically, my bad. Anecdotally, I don't have good experiences with taxis here, and sometimes they're more expensive than Grab.
- inawarminister 8y agoGojek haven't tried to penetrate the SG market huh? They're fighting Grab in Thailand and Philippines for now I think.
- half0wl 8y agoThey confirmed they're launching in SG a couple of months back, but there has been no further news yet :-/
- freddie_mercury 8y agoThe same thing happened here in Vietnam when (as elsewhere in SE Asia) Uber pulled out leaving Grab as the only provider. Prices went up, service quality went down, and lots of people I know went back to using taxis. Go-Jek (aka Go-Viet) recently expanded and entered the market so maybe that will spur more subsidies again.